Canal+ proposes acquisition of MultiChoice

Canal+ has revealed its non-binding indicative offer to acquire the pay-TV powerhouse, MultiChoice in South Africa, with an approximate value of R31.7 billion. Thursday saw Canal+ release a statement indicating its proposal to purchase all outstanding ordinary shares of MultiChoice, conditional on the necessary regulatory approvals. Canal+ offered R105 per ordinary share, representing a 40% … Continue reading Canal+ proposes acquisition of MultiChoice